As part of its endeavour to update its business strategy and launch more restaurants, McDonald’s will review its corporate headcount…
Browsing: Cost Cutting
It is true that Amazon had plans to reduce the size of its workforce. However, the number of job cuts…
After laying off hundreds of its employees in November 2022, Salesforce seems to be preparing for yet another round of…
Fidelity National Information Services (FIS), Pune, the Indian arm of the American multinational fintech firm, is on a layoff spree,…
After the massive layoffs, the majority of the benefits that Twitter used to give its employees have apparently been reduced…
Zomato, the online food-delivery platform is reportedly set to reduce its about 3,800-strong workforce by four per cent. That means,…
While an exact number is yet to be revealed by Salesforce, it is clear that hundreds have been rendered jobless…
Musk, however, has not given any official figure yet. Therefore, it is not known as to how many people will…
With a dip in the sales of personal computers or PCs, Intel is reportedly planning to lay off a significant…
Rising costs, economic slowdown and underperformance seem to be the main reasons for 3M’s decision to cut jobs. As part…
In what looks like a sure shot indication of a slowdown, Apple Inc. has laid off many contract-based recruiters as…
To reduce costs, Alibaba, the Chinese tech major, has let go almost 10,000 employees. This is the Company’s response to…
In a bid to cut costs and focus on profitability, LEAD, an edtech platform, has laid off a significant number…
Oracle Corp. has reportedly begun the process of laying off employees in the US, as a part of a cost…
Unacademy, the edtech unicorn, is taking measures to cut costs and focus on profitability. As part of the exercise, its…
In a bid to control costs and increase efficiency, Ola, the ride-hailing company may sack at least 400 people. This…
In the wake of slowdown in growth and loss of subscribers, Netflix, the global streaming giant, is laying off 150…
Unacademy, the Indian edtech startup, has let go of about 600 employees from its almost 6,000-strong team — about 10…
Last week, Nokia, the Finnish telecom equipment manufacturer, had revealed plans to downsize its workforce by about 10,000 over a…
Nokia, the Finnish telecom equipment manufacturer, is all set to get rid of per cent of its workforce. That means,…
Jaguar Land Rover is all set to shrink its global workforce by about 2,000 as part of a cost-cutting exercise.…
As part of a restructuring exercise, HSBC will shut down 82 branches across Britain, during April to September 2021. This…
Ronojoy Dutta, CEO, IndiGo, in a letter to his employees, announced the decision to give paid leave to all employees…
As part of cost-cutting measures, ABN Amro plans to lay off about 15 per cent of its workforce. This means,…
Amidst the current economic slump and pandemic-induced recession, businesses are under pressure to cut costs and also boost morale across…
The COVID pandemic has impacted the sports, leisure and entertainment sectors deeply. The latest to feel the impact is Arsenal,…